Category: Evans Law Firm

ATTORNEY NEWSLETTER Questionable Sales Tactics Targeting Seniors Deferred Annuities Are Illiquid, Expensive And Poor Performing “Teaser” Interest Rates And Unsuitable Exchanges Deferred annuities contracts are expensive and complex insurance policies.  Deferred annuities are not investments in index funds despite labels like indexed annuities.  Evans Law Firm, Inc. recommends against annuities […]

ATTORNEY NEWSLETTER Caregiver Allegedly Stole Checks From Eight Residents Checks Forged And Cashed Out Of State Arrest For Numerous Criminal Counts Theft of cash, checks or credits card is a constant risk for seniors who have caregivers or other strangers enter their, particularly if the senior lives alone.  But seniors […]

ATTORNEY NEWSLETTER Hospice Caregiver Arrested Allegedly Administered Medications Without License Victim Died From Toxic Effects Of Morphine Seniors under the care of in-home caregivers, or in nursing homes or under hospice care are are all vulnerable to the risk of elder physical abuse and neglect. Hospice patients are particularly vulnerable […]

ATTORNEY NEWSLETTER Alleged Use Of Unapproved Components Failure To Disclose Product Modifications $855,728 Reward For Former Employee/Whistleblower Any knowing violation of the terms of a government contract may violate the False Claims Act.  See False Claims Act (FCA), 31 U.S.C. §§ 3729 et seq.  Government contracts, particularly defense contracts, have very […]

ATTORNEY NEWSLETTER Agents Incentivized By Large Commissions You May Be Sold Something That’s Not Right For You Beware High-Pressure Sales Pitches And “Today-Only” Deals Insurance Agents and brokers receive a commission for annuity sales, which incentivizes an agent to sell you an annuity.  That incentive could lead an agent to […]

ATTORNEY NEWSLETTER Caregiver Allegedly Made 1500 Unauthorized Transactions Money Missing From Retirement, Checking And Savings Accounts Tens Of Thousands In ATM Withdrawals And Unauthorized Checks California seniors are estimated to have lost $15.9 billion to elder financial exploitation in 2020, affecting about 685,000 people, or 8% of California’s senior population.  […]

ATTORNEY NEWSLETTER Advisor Allegedly Withdrew Funds From Client’s Trust Authorities Discover 20 Fraudulent Letters Of Withdrawal Money Spent On Vacations And Luxury Cars Seniors may be financially exploited from pretty much any direction. Even trusted financial advisors of years may exploit elderly clients. Taking someone else’s money without their knowledge […]

ATTORNEY NEWSLETTER Annuity Fraud Targeted At Seniors Dangers Of Tying Up Your Money Remedies For Financial Elder Abuse Annuity fraud takes place when seniors are persuaded to purchase annuity products they do not want or need. Insurance agents push these products on unwitting seniors to earn commissions. Insurance carriers issue […]

ATTORNEY NEWSLETTER What Seniors Need To Know Do Not Be Pushed Into An Annuity Watch Out For Surrender Charges If you are a senior, someone may offer to sell you an annuity. Agents may be aggressive in sales tactics and try to pressure you.  Do not allow yourself to be […]

ATTORNEY NEWSLETTER Case Alleged Higher Cost Rates Than Approved Contract Allegedly Contained Hidden Fees Former Employee Will Receive $157,220 Reward Contracts for work for the federal government or the State of California typically contain very precise provisions about the costs and fees to be charged under the contract. If a […]